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Last year, in its annual “Music in the Air” report, Goldman Sachs forecasted explosive music industry growth – to the tune of $153 billion in annual revenue by 2030. Now, following some questions about the bullish stance and particularly the underlying figures, Goldman has released a 2023 report with dialed-down predictions.
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Goldman Sachs just released the most bullish music industry report imaginable. But how believable are the numbers?
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For the full article, please click on the image, above.
The MBW Review is where we aim our microscope towards some of the music biz’s biggest recent goings-on. This time, we leaf through Goldman Sachs‘ latest must-read report about the music industry.
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After nearly two decades of disruption, the music industry is undergoing a massive revival. Artists, labels and publishers are cashing in on the growing popularity of streaming platforms like Spotify and Apple Music — and consumers are signing up for subscriptions like never before.
For the full report, please clock on the image, above.
